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The Wall Street Journal: Iran vows to stand by nuclear deal if EU helps it offset U.S. sanctions

TEHRAN — Iran vowed to uphold the pact curbing its nuclear activities if the European Union can offset renewed U.S. sanctions, senior officials in Tehran said, advocating an approach that would widen a deepening schism between Washington and Brussels.

The EU has redoubled its efforts to salvage the 2015 deal in the wake of President Donald Trump’s recent withdrawal of the U.S. The EU dispatching Energy Commissioner Miguel Arias Canete to Tehran over the weekend with a plan to prevent Iran’s economic isolation and secure its commitment the nuclear accord.

The EU’s plan faces daunting obstacles. The bloc would have to continue oil and gas purchases to keep Iran’s economy afloat, but do so by making payments outside of the U.S.

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